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Summary US stocks are slipping in early trading after the govt released weak data on economy
.The Dow Jones industrial average lost 26 points to 12,393 shortly after the opening bell Thursday. It plunged 161 points the day before on concerns about Europe.The Standard & Poors 500 edged down five to 1,308. The Nasdaq composite fell 15 points to 2,822.The market had gained in pre-trading thanks to healthy reports from retailers about May sales. But the excitement was dampened when the government reported that claims for unemployment benefits rose last week to a five-week highThe market was also crimped by a government report that the U.S. economy grew at an
